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Property profile & analytics
FOR LEASE
Grocery and convenience stores
4750 Eastern Valley Rd Mc Calla, AL 35111
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US03-0513651
For Lease
1 / 4
Contact for pricing
4750 Eastern Valley Rd, Mc Calla, AL 35111
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Property summary
AI-generated overview
The Shoppes at Letson Farms, located at 4750 Eastern Valley Rd in McCalla, Alabama (zip code 35111), offers exceptional retail space for lease. This shopping center totals 95,092 square feet and features multiple tenancies. Currently, there are two available spaces, with a minimum divisible size of 1,400 square feet and a maximum contiguous space of 3,200 square feet. A total of 2,800 square feet is currently vacant and ready for immediate occupancy. The property is situated in Jefferson County, offering excellent visibility and accessibility for businesses seeking a strong presence in the McCalla market. This is an ideal opportunity for retailers looking to establish or expand their operations in a thriving community. The property's location provides convenient access for customers and employees alike. The available spaces are versatile and can be adapted to suit a variety of retail concepts. Interested parties are encouraged to inquire about lease terms and conditions. This prime retail location presents a unique opportunity to capitalize on a growing market. The property's size and layout offer flexibility for businesses of various scales. Don't miss this chance to secure your place in this successful shopping center.
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2002
Total area
46,007 SF
Lot
8.16 ac (355,319 SF)
Zoning code
A1
APN
42-00-06-2-000-032.000
UPID
US03-0513651
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Shoppes at Letson Farms Business Service Center Corporate Office
-
Mills Pharmacy at McCalla Pharmacy
-
Western Union Bank Credit Union
-
Piggly Wiggly McCalla Grocery & Convenience Store Food Market
-
Sandy Chrissy Xavi Book Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.89M
Comparable Approach
Comparable
$7.63M
Blend (final)
Blend
$7.33M
Owner & transaction history
Gb Letson Farms LLC · 9 yrs held
Gb Letson Farms LLC
since 2016
7 recorded transactions
Zoning & alternative use
A1 · Mc Calla, AL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.7M
+166.0%
Apartment house (5+ units)
$9.1M
+107.1%
Medical building
$7.3M
+65.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mc Calla submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Calla submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,710,000
6.5%
$9,885,000
7%
$9,180,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,415,000
Current use
RESTAURANT
$11,745,000
Change: +166% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,145,000
Change: +107% · Conversion: Difficult
MEDICAL BUILDING
$7,320,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,510,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,490,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,340,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$7.33M
Range $6.60M – $8.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$159 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$90,879
Tax year 2022
Assessed value
$1,504,000
Assessed 2023
Previous assessed
$1,322,840
+13.7% YoY
Effective rate
6.04%
On assessed value
Assessed land
$852,720
Assessed improvement
$651,280
Land market value
$4,263,600
Improvement market value
$3,256,400
Total market value
$7,520,000
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2002
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
1
Total area
46,007 SF
Lot
8.16 ac (355,319 SF)
Zoning code
A1
APN
42-00-06-2-000-032.000
UPID
US03-0513651
Jurisdiction
JEFFERSON
Zoning & alternative use
A1 · Mc Calla, ALZoning A1 · permitted uses
A1 · Mc Calla, AL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.4M
RESTAURANT
Est. value
$11.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$7.3M
AUTO REPAIR, GARAGE
Est. value
$6.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$5.3M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
8.16 ac
Current owner
From public records · entity-resolved
Gb Letson Farms LLC
Entity
Mailing address
PO BOX 130715, BIRMINGHAM, AL 35213-0715
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2016
$11,250,000
Gb Letson Farms LLC
Shoppes At Letson Ll Cfbay
Warranty Deed
$8,850,000 · Starwood Mortgage Capital
Oct 27, 2015
$6,800,000
Cfbay Shoppes At Letson LLC
172-62 Letson Farms Holdings L
Grant Deed
—
Mar 27, 2015
$9,500,000
172-62 Letson Farms Holdings L
Auctioneer Of Jefferson County|letson Farms Associ
Trustees Deed
related
—
Mar 4, 2015
$9,500,000
172-62 Letson Farms Holdings L
Auctioneer Of Jefferson County|letson Farms Associ
Trustees Deed
related
—
Jan 15, 2009
—
Letson Farms Improvements LLC
Owner Name Unavailable
Grant Deed
related
—
Oct 19, 2004
$100
Letson Farms Associates LLC
Vws-mcadory Market LLC
Warranty Deed
related
—
—
—
Cfbay Shoppes At Letson LLC
—
Deed Of Trust
related
$5,645,320 · Usameribank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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